{"entity":{"iso2":"VE","iso3":"VEN","name":"Venezuela","slug":"venezuela-rb"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"merchandise-trade-percent-of-gdp","source":"World Trade Organization (WTO)","source_url":"https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS","title":"Merchandise trade (% of GDP)","unit":"% of GDP"},"observations":[{"date":"1960-01-01","value":45.5771},{"date":"1961-01-01","value":42.4183},{"date":"1962-01-01","value":41.3646},{"date":"1963-01-01","value":37.2682},{"date":"1964-01-01","value":45.4201},{"date":"1965-01-01","value":45.9908},{"date":"1966-01-01","value":41.9071},{"date":"1967-01-01","value":48.8865},{"date":"1968-01-01","value":44.2875},{"date":"1969-01-01","value":46.6986},{"date":"1970-01-01","value":43.5771},{"date":"1971-01-01","value":40.2492},{"date":"1972-01-01","value":40.2712},{"date":"1973-01-01","value":45.2171},{"date":"1974-01-01","value":58.6224},{"date":"1975-01-01","value":53.8875},{"date":"1976-01-01","value":53.9855},{"date":"1977-01-01","value":56.5827},{"date":"1978-01-01","value":53.296},{"date":"1979-01-01","value":51.7212},{"date":"1980-01-01","value":52.52},{"date":"1981-01-01","value":51.3905},{"date":"1982-01-01","value":43.6012},{"date":"1983-01-01","value":30.1319},{"date":"1984-01-01","value":39.7059},{"date":"1985-01-01","value":36.3816},{"date":"1986-01-01","value":28.3627},{"date":"1987-01-01","value":42.1328},{"date":"1988-01-01","value":38.1394},{"date":"1989-01-01","value":48.4947},{"date":"1990-01-01","value":51.0873},{"date":"1991-01-01","value":49.2054},{"date":"1992-01-01","value":46.7587},{"date":"1993-01-01","value":45.2984},{"date":"1994-01-01","value":43.267},{"date":"1995-01-01","value":40.1941},{"date":"1996-01-01","value":46.6948},{"date":"1997-01-01","value":44.8253},{"date":"1998-01-01","value":36.7037},{"date":"1999-01-01","value":35.7517},{"date":"2000-01-01","value":42.4614},{"date":"2001-01-01","value":36.6037},{"date":"2002-01-01","value":42.7844},{"date":"2003-01-01","value":43.6328},{"date":"2004-01-01","value":50.1079},{"date":"2005-01-01","value":54.8011},{"date":"2006-01-01","value":54.0633},{"date":"2007-01-01","value":50.3885},{"date":"2008-01-01","value":46.0419},{"date":"2009-01-01","value":30.0627},{"date":"2010-01-01","value":26.6396},{"date":"2011-01-01","value":44.4925},{"date":"2012-01-01","value":39.9818},{"date":"2013-01-01","value":53.199},{"date":"2014-01-01","value":54.8705},{"date":"2015-01-01","value":56.3984},{"date":"2016-01-01","value":37.3942},{"date":"2017-01-01","value":36.6978},{"date":"2018-01-01","value":45.2508},{"date":"2019-01-01","value":31.6103},{"date":"2020-01-01","value":27.0788},{"date":"2021-01-01","value":19.8357},{"date":"2022-01-01","value":16.7335},{"date":"2023-01-01","value":18.3195},{"date":"2024-01-01","value":24.2647},{"date":"2025-01-01","value":22.4812}],"summary":{"latest_period":"2025-01-01","latest_value":22.4812,"max":58.6224,"mean":42.3344,"min":16.7335,"of":204,"rank":195,"trend":"falling"}}